CandleFocus Bitcoin bet made on ‘pussy terms’ is about to make both parties bank
2024-11-21
Author: Content Editor
Podcast host Peter McCormack has placed a bet with Simplify Asset Management's Michael Green that Bitcoin will reach $100,000 by the end of the year. If Bitcoin hits this target, McCormack will win $20,000, but Green claims to have hedged the bet and will profit regardless. Balaji Srinivasan was meant to hold the funds in escrow but never did. McCormack did the bet for fun, while Green did it for the potential financial gain. Srinivasan made a similar bet last year, but conceded within 45 days.
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